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The company was formed in 2016 and in early 2017, acquired Ursa Major Minerals, a private company that owned the past producing Shakespeare Mine and Shining Tree project. Shakespeare is situated 70 km to the south-west of the Sudbury Basin. Magna has since assembled a contiguous land package of over 180km², much of which has seen little exploration work and yet remains prospective for further nickel, copper and PGM discoveries.
Buccaneer is a mineral exploration Corporation whose long-term objective is to build a diversified Corporation focused on the acquisition, exploration and development of mineral properties.
R and D Marble Inc is a Apple Creek, OH-based company in the Agriculture and Mining sector.
Far West Mining Ltd. is a Vancouver, BC-based company in the Agriculture and Mining sector.
Wesdome Gold Mines Ltd. is a Toronto, ON-based company in the Agriculture and Mining sector.